Category Archives: News

Bifurcation Policy Adopted

“Credible valuations of real property are critical to the health of the overall real estate industry; therefore the practice of bifurcated/hybrid appraisals must be regulated” There has been lots of talk over the past few weeks about bifurcated appraisal products. First came the announcement form Working RE Magazine they were conducting a survey on bifurcated appraisal… Read More »

This is Interesting……

As most of you know, VaCAP is on social media. We have Facebook, LinkedIn and Twitter accounts. We have many followers on each of these social media sites. Our communications are also posted on these accounts, sent via email and many are re-posted on appraisersblogs as well. This is one of the reasons we have… Read More »

Don’t Even Think About It!

Don’t even consider taking the 2020-2021 USPAP 7 Hour Update Class Yet!  VaCAP has been working behind the scenes to bring USPAP to Virginia like we never had before! We are sponsoring not one, but two USPAP events. Yes that’s right, these are not USPAP classes, they are USPAP EVENTS!  February 5th in Virginia Beach,… Read More »

Fannie and Freddie Will Fail!

That comes straight from Dr. Mark Calabria, the Federal Housing Finance Director that oversees Fannie and Freddie! In a prepared statement given to the US House of Representatives Committee on Financial Services, FHFA Director Mark Calabria  did not hold back in his comments. “But in their current condition, Fannie Mae and Freddie Mac will fail… Read More »

VaCAP Takes Action!

Last week we shared with you Maxine Waters and Sherrod Brown sent an inquiry to the Appraisal Subcommittee inquiring on the parameters used to determine the North Dakota Appraiser Waiver approval. We encouraged each of you to take advantage of the attention on our profession and contact your representatives.. VaCAP has sent letters to both… Read More »

Hold On, It’s the Ride of Your Life!

We are sure you have heard the old saying what goes around comes around, right. Well, here we are again; The FTC vs Louisiana Real Estate Appraisal Board case has been brought back into the spot-light. As you may recall, the LREAB filed a civil case against the FTC in attempt to stop the case… Read More »

Momentum is Strong. Act Now

Late Friday afternoon, VaCAP learned the Financial Services Committee Chairwomen. Maxine Waters and Senator Sherrod Brown, Ranking Member of the Senate Committee on Banking Housing and Urban Affairs, sent a letter to the Appraisal Subcommittee Chairman Arthur Lindo inquiring around the circumstances of the North Dakota Appraisal Waiver that was granted a few months back.… Read More »

Working RE Bifurcation Survey

Working RE Magazine is conducting a survey on bifurcated appraisals. VaCAP encourages each of you to complete the survey and express your opinion. The survey is 11 questions and will only take a few minutes to complete.  Take the survey here. Click Here to Start the Survey.    Please follow and like us: